Entry $277 - Target $307 - Stop $270 Risk to reward 1:4 Entry - Around last spike 7th July . also long term support $375 Stop will be last support area Target $307 Below major support area at $312
Long BTC at 265 , stop below 258 or 248 ,. target 1.618 Fib ext
is this a short time to sub $200 ?
Shorting Bitcoin Open short at $238 and $243 stop lost at $262 profit target 50% at $200 and 50% $188
Short if we touch around 283 TAKE profits around 260 STOP lost last high around 297 Almost 1 : 2 reward
Going to wait untll it hit this price ,,,, then wait for a 2nd bounce ( to show it going up or support) i am not going to open trade if it spike down to quickly ( if charts look like red line - dont open )
Shorting Bitcoin 224 TP 210 (last low) SL 232 ( last high) placing order because both running Fib match a supporting area around $220 long Fib from $250 to $210 = 0.382 @ $224 Short Fib from $232 to $210 = 0.618 @ $224 1.7 RISK to Reward
Short Bitcoin at $260-250 Stop Lost $275 Take Profits $ 180 Will be in the area of 0.618 Fib and also Low of 4th Jan 1015 support area